Independence Federal Savings Bank -- financial information for the three- and nine- month periods ended Sept. 30, 1995 (unaudited).WASHINGTON--(BUSINESS WIRE)--Oct. 20, 1995--Independence Federal Savings Bank Noun 1. federal savings bank - a federally chartered savings bankFSB savings bank - a thrift institution in the northeastern United States; since deregulation in the 1980s they offer services competitive with many commercial banks earned $424,000 or 31 cents per share Cents per share The amount of a mutual fund's dividend or capital gains distributions that a shareholder will receive for each share owned. in its third quarter ended Sept. 30, 1995, as compared to $333,000 or 27 cents per share in the year earlier period. For the nine months ended Sept. 30, 1995, net income totaled $1,124,000 or 89 cents per share, as compared to $1,061,000 or 85 cents per share for the nine months ended Sept. 30, 1994. As of Sept. 30, 1995, total assets were $253 million, as compared to $237 million, at Sept. 30, 1994. Independence Federal, with offices at 1229 Connecticut Ave., NW; 1020 Nineteenth St., NW; 7711 Georgia Ave., NW; and 1006 E. St., NW, is listed on the NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on as IFSB IFSB Islamic Financial Services Board (Malaysia) . CONTACT: Independence Federal Savings Bank, Washington Holly Burns, 202/626-0460 |
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